Manage your cash flow and pay off business expenses over time with the Commonwealth Bank Corporate Low Rate Credit Card.
The Commonwealth Bank Corporate Low Rate credit card gives you a way to manage spending across your entire business, with the same competitive interest rate for purchases and cash advances. However, it does not offer any interest-free days, so be aware that you’ll collect interest on any balance carried on this account.
The annual fee for the CommBank Corporate Low Rate card is structured to suit the needs of medium and large businesses, with $40 p.a. per card for up to 49 cards, $32 per card for 50 to 499 cards and $24 per card for 500 or more cards. Note that there is an establishment fee of $300 when you open the account.
It also offers detailed reports and statement summaries through CommBiz, allowing you to track spending by department or view expenses for individual employee. This could help you set and manage budgets, as well as simplifying accounting tasks. You also have control over transaction and monthly spending limits for each card and complimentary unauthorised use insurance for the account.
With a low variable interest rate of 14.55% p.a., the Commonwealth Bank Corporate Low Rate credit card gives you a way to fund larger business expenses and manage cash flow.
It also offers additional cardholders, customisable spending limits for each card and detailed reports to help you analyse and forecast expenses.
| Available to temporary residents | No |
| Joint application | No |
| Bonus points | N/A |
You can apply for the Commonwealth Bank Corporate Low Rate credit card by contacting CommBank's business banking team on 13 19 98. Get started now by checking that you meet the following eligibility criteria and have all the documents and details you need to fill in the application form.
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I applied for credit card how long does takes to i get
Thanks for your comment.
After approval, you will receive your Commonwealth Bank Corporate Low Rate Credit Card within the next 5-7 business days via mail.
Amy Bradney-George was the senior writer for credit cards at Finder, and editorial lead for Finder Green. She has over 16 years of editorial experience and has been featured in publications including ABC News, Money Magazine and The Sydney Morning Herald. See full profile
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